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made on the same day, in fact come as weekly jobless claims unexpectedly skyrocketed. president obama created the jobs council back in 2011, billing the advisory board of prominent business leaders and economists from around the nation who were to offer proposals to help spur job creation and economic growth. the president only met with his jobs counselor handful of times, four to be exact, rejecting or ignoring many proposals, including a plan to lower tax rates in order to broaden the overall tax base. the council's last official meeting one and one year ago. unemployment has dropped from more than 9 percent of the council's inception to the current rate of 78%, but more than 23 million americans remain of work or are stuck in part-time jobs , wanted full-time work for. meantime, we learned initial jobless claims rose to 360,000 last week, an unexpected jump of over 38,000 from the prior week's four year low. the obama economy seems stuck in neutral. recoveries fragile. yesterday the drop in gdp. tomorrow's january unemployment report expected to remain. critics said the president h
's four year low. the obama economy seems stuck in neutral. recoveries fragile. yesterday the drop in gdp. tomorrow's january unemployment report expected to remain. critics said the president has not remained lazar focused on creating jobs, and the dissolution of the jobs council is just the latest example of that. fox news senior white house correspondent with our report. >> more than one year after his last meeting with the group, president obama is now eviewing the charter for is jobs council. the unemployment rate is falling a little more than a percentage point as the council's first meeting two years ago and no one in the white house says it has fallen far enough. officials defend the council's work in mr. obama's interaction with it. >> the jobs council provided us a series of ideas, many of which the president acted on. it did not require some leaves us ideaso be generated. >> from the start critics believe the council was intended to create the appearance of action in the face of soaring unemployment. it only met four times and had fewer than two dozen conference calls enlisting
with attorney general for obama and bush racked up nearly 700 flighn fbi-sponsored luxury sets -- jets. supposedly needed for counter-terrorism. while no one thinks the ag and fbi director should be flying coach, none of these flights were for the intended purpose, and more than one-quarter were for personal reasons. meanwhile, everyone from the defense department to hhs to the mailman is saying these so-called drastic cuts septet take effect tomorrow will bring the economy crashing down around us. 85 billion other one year. and the last two months alone has 86 nap billion dollars. i don't see any of the sky falling. joining me now, president of citizens against government waste. what can we read of this waste? >> there are some of the entrenched constituencies in washington, it makes it extremely difficult to read of even the most obvious waste. as you recall, the first organization to identify pork-barrel projects within became known as earmarks' back in 1991. earmark moratorium finally took place in 2010. it takes years to rid of the most ridiculous and not be as waste. gerri: i jus
immigration bill. a copy of president obama's plan has been leaked. illegal immigrants would be allowed to become permanent residents of this country in eight years. marco rubio had this to say. the president bill would be dead on arrival in congress leaving us with unsecured borders and a broken legal immigration system for years to come. stephen moore joins us now from washington, d.c. do you think that the white house plan really does throw a wrench into reaching any kind of bipartisan agreement? >> i think this was a real setback. this is very delicate negotiations. you need to find a way to let more immigrants into this country. you need to have a way where people who have been here to have a path to legalization. it has to be coupled with tougher border security. everyone knows that. for some reason, the president is basically saying, we will not move forward with the border security, but we will with these other elements. i think that is a killer. i think marco rubio is right. dagen: why leak it in the first place? in washington, there is always a reason that things come out. >>
the benefits of the easy money policy out raise the rest. president obama on the road in virginia with a warning for shipbill is about automatic spending cuts but no sign of progress ahead of friday's deadline. lori: housing market recovery picking up steam, the case schiller report signals improving home prices but not everyone is convinced that we have turned the corner and that includes the report's co-author robert schiller coming up. lori: you'll want to stick around for that. also today we have for you the latest on the battle over martha stewart, the queen of all things domestic testifying in court as macy's tries to blocker deal with j.c. penney. let's get an update on the markets, volatile session indeed. back to the floor of the stock exchange to check in with nicole petallides, cost stocks bouncing back, 1 and points of ayes today. nicole: hy of the day was 13,009/11. not too far off of the high. 13,009, we still are up over 100 points. not a bad start. yesterday we lost 200 points. we had that back and forth action. at first, writing that negative waived out of italy a
Search Results 0 to 4 of about 5

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